A funds reported average return is 10% per year and it charges a 5% front-end load. An

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A fund’s reported average return is 10% per year and it charges a 5% front-end load. An investor has $50,000 to invest with the fund for a 5-year horizon. What is the investor’s average return over the 5 years?

8.87%

10.6%

27.62%

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Statistics Data Analysis And Decision Modeling

ISBN: 9780132744287

5th Edition

Authors: James R. Evans

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Posted Date: Feb 06, 2024 01:59 AM

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A funds reported average return is 10% per year and it charges a 5% front-end load. An

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Statistics Data Analysis And Decision Modeling

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